BABA Swing Options Trade Plan 2025-06-24

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BABA Swing Analysis Summary (2025-06-24)

Comprehensive Summary of Model Reports

Key Points:

Market Sentiment and Context:

Current price of BABA is $116.88, near the max pain level of $117, suggesting potential resistance. A mix of technical indicators shows both bullish and bearish signals, with caution advised due to geopolitical tensions affecting sentiment around Alibaba. Technical Analysis:

M15 Chart: Bullish on short-term indicators but extremely overbought and showing signs of a bearish divergence. Daily Chart: Mildly bullish due to recent momentum, but resistance levels noted at $117.22 (50-day EMA) may cap further upside. Weekly Chart: Overall bullish trend indicated, but immediate signals lean towards caution due to mixed momentum indicators. Options Data:

High open interest in puts, particularly at $115 and $112, suggests bearish sentiment. Calls are observed to have lower open interest, reinforcing the possibility of bearish moves toward max pain. Direction Consensus: